Word: bans
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Dates: during 2000-2009
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Which leaves the alternative suggested by Partnoy and several economists: cleansing the federal code of its reliance on bond ratings. Among the simplest fixes would be removing the ban on pension funds' holding debt securities rated lower than BBB. The funds can make far riskier investments in stocks and hedge funds, after all. Bank-capital requirements do have to take into account the quality of securities, but there are market-based measures that could at least partly replace ratings...
...Glendon was the first woman to lead a Vatican delegation to a major U.N. conference after Pope John Paul II appointed her head of the Vatican delegation to the 1995 U.N. Conference on Women in Beijing. The Church's stance on reproductive policy has been criticized for its absolute ban on condoms, even in its missionary work with AIDS victims. The mother of three insists that she's a committed feminist, "If you let me define the term." She says she is focused on issues that are "of particular interest to women and that wouldn't be heard if women...
...most colorful recent sign of detente was Pakistan's decision to partly lift its ban on Indian films. Officially, Bollywood movies have been banned in Pakistan since the 1965 war between the two countries. But Indian stars and big-budget dance numbers have a huge following in Pakistan, and are now widely available via black-market DVDs. Indian films shot in third-party countries have been allowed in Pakistan for the past four years, and now a Pakistani Senate Committee says it will allow in 12 Indian films a year as long as Pakistani films are shown in India...
...Bipolarity is dead. The USSR exists only in history books and spy movies, and the Chinese support free trade more than we do. Even our indestructible North Atlantic Trade Organization (NATO) alliances have, on this issue, dissolved: When the US passed the Helms-Burton Act in 1996, reinstating the ban on foreign trade with Cuba, the European Union wasted no time ordering its citizens not to obey...
There could be bigger battles to come. Israeli Prime Minister Ehud Olmert waved off calls of restraint from United Nations Secretary General Ban Ki-Moon who equally condemned both Israel for "excessive and disproportionate" use of force in Gaza and the militants for their unending barrage of rockets into southern Israel. Israeli Defense Minister Ehud Barak said, "We are not happy about civilians being hurt in Gaza. Hamas and those who fire rockets at Israel are responsible and they will pay the price." If anything, the Israeli assault has steeled Gazans' support for Hamas. As one housewife in Jabalya watched...